1232 E Virginia Avenue, Phoenix, AZ 85006

$895,000

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List Price
$895,000
Status
ACTIVE
Price Change
▼ $5,000 1778411214
Days on Market
174
MLS#
6988812
City
Phoenix
Year Built
1945

Property Description

Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.

Additional Information

Taxes
$1,037
Net Operating Income
$39,620
Cap Rate
4.4
Units
3
Parking Features
Paved, >1 Space Per Unit, Assigned
Construction
Brick
Roofing
Composition
Cooling
Central Air
Heating
Natural Gas
Zoning
R3
Subdivision
South Country Club Manor
Community Features
No Pool
Electric
APS
Water
Master Meter
Tenant Pays
Electricity, Gas, Cable TV
New Financing
Conventional, No Carry
High School
North High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Gile Commercial Real Estate.

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